Insurance Technology Featured Article

Ebix Partners with Silanis to Bring E-Signature to EbixExchange

October 30, 2012

International supplier of on-demand software and e-commerce services to the insurance and financial industries Ebix (News - Alert) recently partnered with Silanis, a provider of enterprise electronic signature solutions. As such, Silanis is now the preferred e-signature solution used with Ebix's on-demand offerings.

This partnership was formed partly in response to the demand from insurance carriers and agents to improve the customer experience across all sales channels via 100 percent straight-through processing.

The agreement will see EbixExchange first integrate Silanis' solution in the new business application process within the EbixExchange CRM, while expanding the offering to the AnnuityNet, WinFlex, LifeSpeed and AMP platforms. As such, EbixExchange CRM subscribers will be able to complete annuity and insurance business immediately with e-signature integration to speed the process along significantly. The ability to sign electronically will make it possible to close business in one Web session or in-person visit.

Initially, EbixExchange will roll out Silanis e-signature capabilities to its client base — brokers, dealers, banks, clearing firms, captive agents and BGA communities — with plans to roll the offering to other divisions such as P&C, international, health and BPO.

"The Ebix-Silanis partnership provides the answer with integrated, robust e-signatures as part of vertical applications they are already using, whether for new business or customer servicing applications," said Dan Delity SVP and global sales head of Ebix. "The flexibility and performance of the Silanis e-signature platform allows Ebix to scale across all our offerings with a legal, secure solution, while the transaction management capabilities provide immediate visibility into the online e-signature transactions for both the carrier and the agent."

Ebix is planning to announce its third quarter financial results for fiscal year 2012 on November 8, 2012, at 11 a.m. EST.

In August, the company purchased two buildings in India in order to support continued growth and the increased need for offshore development. Combined with the three buildings already owned in the country, Ebix will be able to create a large office campus over an area of over 4,000 square feet.




Edited by Rachel Ramsey

Article comments powered by Disqus

Related Insurance Technology Articles

Wheelings & Dealings: Sapiens to Acquire IBEXI Solutions

While insurance sometimes feels like a local or national business to customers, in reality it is very global. This is particularly true when it comes to those who provide technology solutions to carriers large and small around the world. An illustration of this comes in the form of new that Holon, Israel-based insurance software solutions provider Sapiens International Corporation, which has announced the signing of a definitive agreement, subject to closing conditions, to acquire IBEXI Solution… [ Read More ]
03/31/2015

Accenture Adds SmartVideo Technology to its Life and Annuity Software

We keep hearing that B2B and B2C video interactions are going mainstream as critical tools for improving customer experiences. The problem is this has been a mantra for years. Next year always seems like the year the market will finally take off. [ Read More ]
03/23/2015

Marchex Institute's Mobile Advertising Study Finds Challenges, Advantages for Insurers

Mobile advertising in many ways is still a new tool for businesses. In much the same way that online advertising was met with skepticism when it first came on the scene, so too has mobile advertising-though perhaps not to the same extent. However, a new study from the Marchex Institute suggests that there are some major advantages to be had for mobile advertisers dealing in financial services and insurance. At the same time, there are also some key challenges to face in the field, and astute fir… [ Read More ]
03/23/2015

Avoka Selected by ANV to Improve Customer Journeys and Expand Global Insurance Business

There have been a seemingly unending number of reports and executive speeches about how the insurance industry needs to automate its business processes or risk the consequences of losing customers. This need to automate runs the gamut of the customer journey. In short, it covers how best to handle inbound customer inquiries and outbound marketing initiatives in an omnichannel world. It also involves the transformation of back office systems and the ability to share information and use sophistica… [ Read More ]
03/16/2015

Events

Weekly Live Demo
Contact Center Solutions

Register Today!